Sold50d on marketHistoric · 106 yrs
407 E Market St
Bloomington, IL, 61701 • 61701 • McLean County
$45,000
5Beds
4Baths
0.16 acLot
1920Built
Property DNA
Traditional Style
Built 1920 · 106 years of history
Not Applicable
61701
This home is getting attention
Listed 50 days ago · 10 views
Market activity
Demand and pricing signals for this listing
10 views
People checking out this listing
50 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 17% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1920 · Historic
This is a 4-unit building ready for renovation and repositioning as a strong income-producing asset. This property is ideal for experienced investors or contractors looking to add value through remodeling and maximize long-term returns. Previously configured as three 1-bedroom units and one 2-bedroom unit, the building gives you flexibility to recreate the former layout or start with a clean slate and redesign the units to best fit your investment strategy. With solid potential, this property presents an excellent opportunity to restore and reassemble into a profitable rental property.
Estimated monthly payment
Based on current rates
$293/month
Principal & Interest$233
Property Tax$45
Insurance$15
Down payment20% ($9,000)
3%50%
Est. 6.75% rate · 30yr fixed · $36,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1920
HeatingNatural Gas
Parking0 spaces
Property
Home typeMulti Family
Sub-typeMulti Family
StyleTraditional
Year built1920
Systems
HeatingNatural Gas
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
BasementUnfinished,Full
Lot6,900 sqft
Location & Tax
Neighborhood61701
ZoningMULTI
Annual tax$1,718
Parcel2104263005
Bathrooms & Fees
Full baths4
Features & details
3 categories of property features
Interior Features
Heating
Natural Gas
Exterior Features
Construction
Vinyl Siding
Lot Features
Level
Listing insights
Market data and value estimates
StatusSold
Days on market50
Est. value$45,200
Est. rent$1,180/mo
Tax rate2.08%
On marketJan 15, 2026
PostedJan 15, 2026
Last sold$45,000
MLS statusClosed
MLS updatedFeb 16, 2026
Tour days6
Views10
How are the schools in Bloomington?
3 schools rated nearby
Location
Bloomington, IL, 61701
Price history
17 events
DateEventPrice$/sqftSource
Feb 16, 2026Sold$45,000—MRED as distributed by MLS GRID
Jan 30, 2026Pending Sale$65,000—MRED as distributed by MLS GRID
Jan 15, 2026Listed For Sale$65,000—MRED as distributed by MLS GRID
Feb 14, 2024Sold$57,000—MRED as distributed by MLS GRID
Jan 13, 2017Sold$25,000—Agent Provided
Sep 2, 2016Price Change$35,000—Keller Williams - Bloomington
Apr 29, 2016Price Change$40,000—Keller Williams - Bloomington
Jan 6, 2016Pending Sale$45,000—Keller Williams - Bloomington
Oct 27, 2015Price Change$45,000—Keller Williams - Bloomington
Oct 6, 2015Listed For Sale$54,900—Keller Williams - Bloomington
Oct 31, 2013Sold$23,000—Agent Provided
Sep 20, 2013Listed For Sale$34,500—Homepath
Apr 2, 2013Listing Removed$34,000—Homepath
Mar 29, 2013Price Change$34,000—Coldwell Banker Heart of America Realtors
Mar 8, 2013Listed For Sale$44,000—Homepath
Jan 26, 2013Listing Removed$43,200—Coldwell Banker Heart of America Realtors
Jan 9, 2013Listed For Sale$43,200—Homepath
Sold$45,000
Feb 16, 2026•MRED as distributed by MLS GRID
Pending Sale$65,000
Jan 30, 2026•MRED as distributed by MLS GRID
Listed For Sale$65,000
Jan 15, 2026•MRED as distributed by MLS GRID
Sold$57,000
Feb 14, 2024•MRED as distributed by MLS GRID
Sold$25,000
Jan 13, 2017•Agent Provided
Price Change$35,000
Sep 2, 2016•Keller Williams - Bloomington
Price Change$40,000
Apr 29, 2016•Keller Williams - Bloomington
Pending Sale$45,000
Jan 6, 2016•Keller Williams - Bloomington
Price Change$45,000
Oct 27, 2015•Keller Williams - Bloomington
Listed For Sale$54,900
Oct 6, 2015•Keller Williams - Bloomington
Sold$23,000
Oct 31, 2013•Agent Provided
Listed For Sale$34,500
Sep 20, 2013•Homepath
Listing Removed$34,000
Apr 2, 2013•Homepath
Price Change$34,000
Mar 29, 2013•Coldwell Banker Heart of America Realtors
Listed For Sale$44,000
Mar 8, 2013•Homepath
Listing Removed$43,200
Jan 26, 2013•Coldwell Banker Heart of America Realtors
Listed For Sale$43,200
Jan 9, 2013•Homepath
Tax history
20 years of records
YearTax paidAssessed value
Apr 8, 2024$1,553$19,151
Apr 8, 2023$1,549$18,532
Apr 8, 2022$1,408$16,568
Apr 8, 2021$1,289$15,167
Apr 8, 2020—$14,583
Apr 8, 2019—$14,583
Apr 8, 2018$1,227$14,583
Apr 8, 2017$1,227$14,583
Apr 8, 2016$1,228$14,583
Apr 8, 2015$1,222$14,583
Apr 8, 2014$1,222$14,583
Apr 8, 2013$1,164$14,583
Apr 8, 2012$1,974$24,426
Apr 8, 2011$1,974$25,244
Apr 8, 2010$1,967$25,244
Apr 8, 2009$1,954$25,244
Apr 8, 2008$1,915$25,049
Apr 8, 2007$1,861$24,426
Apr 8, 2006—$22,916
Apr 8, 2005—$22,445
Nearby homes
Neighborhood details
Local context around this listing
Bloomington, IL • McLean County
Nearby cities
BloomingtonChenoaDownsGridleyHeyworthHudsonLe RoyLexington
Nearby zip codes
61701617026170461705617096171061761617726179161799
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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